23 Nov
2021
SMX Meetings: Small in Scale, Great in Value
SMX Convention Center (SMXCC), the leading convention center in the country, remains committed to adapting to the market’s evolving needs in light of the pandemic. As such, customized small meeting packages suitable for mid-year and budget planning sessions have been made available, without compromising guests’ safety and while abiding by #SMXsafespaces protocols.
15 Nov
2021
SM Prime Holds Virtual Listing Ceremony for Retail Bond Series O
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, holds a virtual listing ceremony for its latest Retail Bond Series O offering PHP10 billion.
09 Nov
2021
SM Hotels Brings Back its Sought-After Online GC Sale in Time for the Holidays
SM Hotel’s online GC Sale returns with even more tempting offers for a well-deserved holiday staycation. Backed-up by uncompromising safety standards through the SustainablySafe Program, SM Hotel properties across the Philippine archipelago look forward to welcoming families and friends once again and indulge in a much-anticipated getaway.
08 Nov
2021
SM Prime 9M21 Net Income Up by 9%; Reservation Sales Increases by 14%
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 9% increase in consolidated net income to PHP 15.6 billion in the first nine months of 2021 from PHP14.4 billion in the same period last year. Consolidated revenue recorded PHP56.8 billion, 6% lower from PHP60.7 billion in the same period being reviewed.
08 Nov
2021
SM Prime supports the Task Force on Climate-related Disclosures
SM Prime Holdings, Inc. (SM Prime) joins more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures.
03 Nov
2021
Tagaytay Highlands bares hopes for gladder tidings this Yuletide
It’s beginning to look a lot like Christmas at Tagaytay Highlands, with its homeowners getting all psyched up for the most wonderful time of the year. For one, while precautionary measures remain in place in the premier mountain resort community, it has its holiday agenda all mapped out to ensure that residents’ Yuletide celebrations will be merry and bright.
03 Nov
2021
Ten Outstanding Local Governance Units honored in Galing Pook Awards 2021
Ten outstanding local governance programs from different cities, municipalities, and provinces across the country were recognized in the 2021 Galing Pook Awards.
29 Oct
2021
SM Prime Issues Interest Rate for Retail Bond Series O
SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.
20 Oct
2021
SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction
SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.
13 Oct
2021
SM Prime to Open New Mall in Daet, Camarines Norte
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open SM City Daet on Friday, October 15th, its newest and first mall in the Province of Camarines Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.
28 Dec
2007
SM Prime not yet listing on other exchanges
Shopping Mall Developer and operator SM Prime Holdings, Inc. will wait for the enactment of proposed law on real estate investment trust (REITs) before it considers listing in other exchanges, Executive Vice-President Jeffrey C. Lim said.
20 Dec
2007
SM Prime eyes P4B in loans in 2008
SM Prime Holdings Inc., the mall development arm of tycoon Henry Sy, is considering borrowing P4 billion in 2008 to help fund construction of new malls, a company official said.
20 Dec
2007
Banco de Oro to refinance 0m worth of tier 2 notes
The Sy-controlled Banco de Oro, the country’s fastest growing bank, will refinance about 0 million of its tier 2 notes next year, bank president Nestor Tan told reporters yesterday.
20 Dec
2007
SM bank, mall units to raise P12.4B
SM Investment Corp.’s banking and mall subsidiaries plan to get loans and issue debt totaling at least P12.4 billion (6 million) next year to fund expansion projects and refinance debt, officials said.
20 Dec
2007
SM Prime Plans To Borrow PHP4 Bln In ’08 To Partly Fund Capex
SM Prime Holdings Inc. (SMPH.PH), the Philippines’ largest mall operator by sales, plans to borrow PHP4 billion (.9 million) next year to partly fund its capital expenditure, which is estimated at PHP6 billion, Executive Vice-President Jeffrey Lim said Wednesday.
20 Dec
2007
SM to borrow locally for additional malls
THE country’s biggest mall builder and operator said it will borrow a substantial part of the money required for next year’s capital expenditures from the local market. In a briefing, Jeffrey C. Lim, SM Prime Holdings Inc. executive vice president, said the company will borrow P4 billion out of the P6-billion capex for next year while the balance would come from internally generated funds.
20 Dec
2007
SM Prime plans P4-B borrowings next yr
Shopping mall giant SM Prime Holdings Inc. plans to borrow P4 billion next year to fund the continued development of new malls and the expansion of existing ones. SM Prime executive vice president Jeffrey Lim said the company needs P6 billion to fund its capital expenditures next year.
11 Dec
2007
SM Prime Expands SM City Cebu with Opening of New Annex
SM Prime Holdings, Inc. (“SM Prime�?) has just expanded SM City Cebu with the opening of its new annex, bringing total GFA to 268,611 square meters (sqm), making it the largest SM mall in the Visayas region. The new wing of SM City Cebu, which will be inaugurated on November 30, 2007 has a gross floor area (GFA) of 107,049 sqm.
11 Dec
2007
SM Nation
At the education summit, held at the Asian Institute of Management, I acknowledged the breakthrough importance of the Commission on Higher Education’s Memo Order No. 39, which standardizes the Bachelor of Science in Business Administration program nationwide. But I suggested that the world it assumed was skewed.
11 Dec
2007
Shopping Center of the Year
The SM Mall of Asia recently received the Philippine Retailers Association’s Shopping Center of the Year Award during its 2007 Outstanding Filipino Retailers and Shopping Centers of the Year Night held recently at the Crowne Plaza in Ortigas.